We have collectively weathered the Bernie Madoff fraud, the debauchery at AIG, the insolvency of Fannie Mae, I found the overall approach of this latest financial offer more troubling than usual.
We find similarities every time a new Ponzi scheme is uncovered. I would suggest another example of recurring behavior: Philanthropy.
The message that Obama sends by refusing to even consider prosecuting CIA officers who may have committed war crimes, is that in the future, government officials can commit similar acts with impunity.
"The first piece of advice," said Kuby on his syndicated program, is that "prison is designed to be arbitrary...you have to live with the arbitrary system of the penal code. Period."
His email handle was Happy Wally. His happiness came from his wife of 50 years, the joy of his grandchildren, and by trying to give away all of his c...
Given that most newspapers still don't publish weekday comics in color, my mistake was putting today's cartoon guests in the green room rather than the black-and-white room.
European insurances companies are being permitted to conceal their Holocaust thefts and continue operating with impunity while Bernard Madoff languishes in prison for no less sinister a crime.
If our world is to maintain its current rate of oil consumption, then we would need to find and develop a Saudi Arabia's worth of oil every year for the next year or two from now to eternity.
Incremental solutions, the nuts and bolts of everyday financial planning, help. Diversify your investments. Tweak your estate plans by funding trusts or opening accounts for your kids.
On NPR yesterday, I revealed that the U.S. Treasury is also running an elaborate Ponzi scheme, selling worthless pieces of paper called "U.S. Treasuries" to unsuspecting investors.
Where was (and where is) Rep. Ed Royce (R-CA) though the financial crisis? A member of the House Financial Services Committee, Rep. Royce presumably ...
The Times thought it fitting to allow the sister of Erza Merkin who steered $2.4 billion to Madoff to be prominently featured, and allowed her to get away with the barest sort of disclosure.
The role of shady, largely unreported, "off shore" institutions is slowly emerging as a component of a larger criminal schemes.
In New York, the 36-year-old Rockefeller Drug Laws may be massively overhauled.
I would not dare to say Bernard Madoff will have the last laugh? However, he may pull a clever trick by pleading "not guilty." In true Madoff styl...
It's great to see that, finally, someone got some money out of this Madoff crisis, even if it is only $1,500, about the price of one of Bernie's designer loafers or a manicure for Ruth.